Global law firm Goodwin and fund workflow automation leader Passthrough announced the launch of Goodwin Embark powered by Passthrough. Goodwin Embark is the newest development in the Goodwin-Passthrough collaboration to elevate and accelerate investor onboarding in private funds with the latest technology.
Goodwin is a global law firm serving innovators and investors in a rapidly changing, technology-driven economy. Goodwin’s Private Investment Funds group supports over 1,000 investment managers around the world who raise funds ranging from less than $10 million to over $25 billion, including private equity, real estate, venture capital, infrastructure, fund-of-funds, credit/debt, impact and responsible investing, emerging market, listed, and hedge funds.
Since the launch of their preferred vendor referral relationship in April 2023, Goodwin fund clients have been introduced to, and have enjoyed the benefits of, Passthrough’s best-in-class e-subscription document platform with access to exclusive Goodwin content. Through Goodwin Embark, Passthrough’s e-subscription process is now directly incorporated into Goodwin’s legal service offering, providing Goodwin fund clients with an even faster route to market.
“Following the success of our preferred vendor relationship with Passthrough launched early last year, it was an easy decision to take our collaboration to the next level and develop a co-branded solution for our funds practice and our clients,” says Mandee Gruen, Co-Chair of Goodwin’s Private Investment Funds practice. “Goodwin Embark combines all the benefits of Passthrough with an easier and faster onboarding process for our fund managers.”
“Passthrough and Goodwin have similar goals: make the fundraising process easier,” says Tim Flannery, Co-founder & CEO of Passthrough. “Deepening our partnership with the firm through the launch of Goodwin Embark is a significant milestone in both Passthrough and Goodwin’s commitment to deliver superior service to private funds clients. We’re excited to be the innovation behind providing the Goodwin team and its clients with a seamless onboarding solution. Goodwin’s lawyers, expertise, and advice combined with our software and support leads to a better fundraising experience for all.”
Passthrough turns workflows like subscription document execution into solved problems – by seamlessly managing subscription document distribution, execution, and compliance in minutes. Founded by former leaders from the Carta Investors Services team Alex Laplante, Ben Doran, and Tim Flannery, Passthrough provides an integrated platform solution that makes the subscription document process turnkey for investors with replicable and verifiable identity information built in for future use. In addition to subscription documents, Passthrough also offers a comprehensive AML & KYC compliance product which collects information from investors so fund managers can remain compliant. To learn more please visit https://www.passthrough.com/